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Author Topic: My mistake was making my involvement with Bitcoin public  (Read 510 times)
bluebit25
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May 25, 2023, 12:41:07 PM
 #21

From the OP's story, I feel that investing in Bitcoin or any other cryptocurrency is a personal decision and should not be influenced by the opinions of others. But you should also be aware that the people around you may not agree with your decision and there may be different factors that they value more. So, do a thorough assessment and make your own decisions intelligently and carefully. As with the advice of others, your personal experiences and opinions are also extremely important and valuable.









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May 25, 2023, 01:04:22 PM
 #22

I think what you are doing is not wrong
I think investing in bitcoin is a pride because investing in bitcoin in my opinion is something cooler than nothing.

and in my opinion investing in btc is not something that is detrimental if the person investing is using idle money, and investing in bitcoin is only used as a side business.

I think you have to prove that investing in bitcoin can make your economy better.
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May 25, 2023, 01:13:16 PM
 #23

I just say if you don't understand Bitcoin, and why it is different, then you can't comment on it, and you shouldn't be involved in the community.

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May 25, 2023, 01:28:27 PM
 #24

This is really a personal problem that also involves with bitcoin , the way that you tell your uncle is okay but next time always respect those older than you even they are disrespecting you , just don't listen to their nonsense saying like what your uncle said; he has nothing to say, he doesn't know what bitcoin is, and there is really no time for bitcoin to hit ATH. Now show him what the true meaning of bitcoin is, slap him with money, and tell him in his face that you are doing well and better than your uncle.
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May 25, 2023, 01:36:29 PM
 #25

Just ignore him. At least you are being true to yourself. In my opinion, that is not being disrespectful. You simply replied to his comments that you did not like. In the first place, it was him who was insensitive, as he waited for the market to crash just to discourage you. Although he is your uncle, sometimes you don't need to please everyone. Just listen to people who can help you and support what you are doing, because they are the ones who will stand by you even if you fail.

Here's a friendly piece of advice: Don't get too emotional. Just focus on doing your thing and prove to him that he is wrong by succeeding.

Good luck!

R


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May 25, 2023, 01:36:54 PM
 #26

Your uncle made his money through fiat and will never believe that Bitcoin have a great potential as a currency. Moreover,since he is an elderly man,he won't easily believe that Bitcoin is the future gold because is limited in supply which makes it more valuable. Government can print cash and they do with without reserve,this is the problem that causes inflation. Don't get mad at your uncle he believes he knows more than everyone in the family just because he is successful but sooner or later bitcoin will prove him wrong that he might know everything about business but not bitcoin investment. Be happy about your bitcoin journey and be proud of it because you will surely make your family proud. The more people are told about bitcoin, the more the awareness is passed on and the more people comes into the bitcoin community, so allow your uncle attitude towards you discourage you from spreading the awareness but only do this to those who are willing to learn something new,if not you might just end up being discouraged or wasting your time.
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May 25, 2023, 01:39:41 PM
 #27

This post isn't about Bitcoin or it's viability.

It's a about the social aspects of ANYONE knowing your financial composition.

The rule is they can't hurt you with what they don't know. Having any kind of lump some money or asset put a big target on your back from family and friends. Additionally Karen down the street take a slip n fall on your property to access that money.  
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May 25, 2023, 01:40:37 PM
 #28

There is always a man in the family who believe they are the smartest, I have an uncle who is currently the most successful one in the family, maybe that's why he is behaving this way, he knew my involvement with crypto and Bitcoin, and after the crash into bear market he called me and said ..

Are you still into Bitcoin? You need to find something else to do, Bitcoin will fail soon because there is nothing that can take away the money printing machines, the government will keep printing money because they like been the printer, they can't print Bitcoin that's why it will fail, stop living a dream and do something good with your life before it's too late.

At first I got angry, because he always believe he knows the best for everyone, and I am different, I am not like my brothers that fall before his kneels every time. I replied him with this.

Why are you so into what I am doing? Why did you take this so serious than anything else? You have never showed concern about me, I have never asked you for help and you fulfill it, if Bitcoin fails it's fine for me, and Bitcoin was never created to kill Fiat in the first place, it was created to support people like me, because no one wants to support people like us but they want to pretend they do.. Fiat is Centralized and Bitcoin is Decentralized, it's for the people and the community, it's freedom and a perfect home 🏠. I can't hate something that have helps me so many times uncle.

Have I said something too harsh? He took this personal and report me to my eldest brother, my brother said I shouldn't mind, he doesn't know that my brother is now also a Bitcoin investor, my mistake was making it public, which my brother never did.

If you are still planning to get into Bitcoin, don't post anything about it in family group chat or on your WhatsApp status, this was my biggest mistake.

In this case, I think your elder brother is a very smart man. Generally in life, it is important to keep your progress secret. Not everyone should know what you are doing, and how you are getting by in life.
As for your uncle, I think you gave him the kinda reply that his type deserves. The least he could do is encourage you, not condemn you, not as if he has a job for you or something. Besides, trading in BTC doesn't stop anyone from doing other things.

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May 25, 2023, 01:41:38 PM
 #29

Are you still into Bitcoin? You need to find something else to do, Bitcoin will fail soon because there is nothing that can take away the money printing machines, the government will keep printing money because they like been the printer, they can't print Bitcoin that's why it will fail, stop living a dream and do something good with your life before it's too late.
If bitcoin is going to fall, why don't these people short sell it? People talk and talk how it's price is gonna collapse but I haven't seen a single person that thinks so and has short-sell bitcoin. I mean, if you know it's 100% gonna fall, why don't you go and make tons of profit? It's a legit question.

Have I said something too harsh? He took this personal and report me to my eldest brother, my brother said I shouldn't mind, he doesn't know that my brother is now also a Bitcoin investor, my mistake was making it public, which my brother never did.

If you are still planning to get into Bitcoin, don't post anything about it in family group chat or on your WhatsApp status, this was my biggest mistake.
Just prove them wrong, that's all you should do. Also, bitcoin proves itself every time that its superior, everyone can check how it went from cents to tens of thousands of dollars and doesn't go back.

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May 25, 2023, 01:46:20 PM
 #30

Well I don't know if you have ever heard the saying which silence is actually the best answer to an arrogant fool and I think the answer you gave him was actually worth it but if I were you I will probably just snub his ignorance to something he has no clue about and just go with my plans .

Making your actions known before you do anything is not actually a bad idea especially when it has to do deal with bitcoin investment. Its just normal for uncle's who don't want anyone to surpass them to behave that way.

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May 25, 2023, 01:49:44 PM
 #31



I think you have to prove that investing in bitcoin can make your economy better.

This is what TOP should do instead of keep complaining about his uncle. Maybe he doesn't know about bitcoin and he wants the best for OP too, that's why he told OP to stay away from bitcoin.

OP, arguing with your uncle is not a wise move, instead, you should find a way to prove your choice is correct. Try to build your bitcoin investment to make a profit, and prove your life is better than investing in bitcoin, then your uncle will no longer doubt and despise you.
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May 25, 2023, 01:51:19 PM
Merited by The Sceptical Chymist (2)
 #32

Haterz gonna hate. .


True fact. Some people just have a lay man's knowledge of Bitcoin and since it's a volatile coin, they regard it as a waste of time and effort and instead prefer to see fiat as the sure and reliable one. Honestly, I don't see myself giving details about my involvement with Bitcoin to family members because the last thing I want is someone always snooping in my business or gloating about how senseless my decision is to choose digital currency over fiat if incase Bitcoin experiences a setback.

Quote

Call him in a year or two when the price, imo, will be like 10x

I think he'd be the one doing that!! Grin
 

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May 25, 2023, 01:54:53 PM
 #33


Have I said something too harsh? He took this personal and report me to my eldest brother, my brother said I shouldn't mind, he doesn't know that my brother is now also a Bitcoin investor, my mistake was making it public, which my brother never did.

I think so if it’s your uncle. It’s not gonna lessen your masculinity if you will just listen to his advice and don’t argue. I don’t see the benefits on making an argument to an old people that you know exactly how they will not accept any explanation from younger than them. There’s no need to prove the benefits of Bitcoin in that way and you can simply acknowledge his opinion then move on. He will not know if you are still involved or not after that.

If you are still planning to get into Bitcoin, don't post anything about it in family group chat or on your WhatsApp status, this was my biggest mistake.

Who the heck broadcast his involvement on Bitcoin to others. What’s the point of doing that while Bitcoin promotes an anonymity.

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May 25, 2023, 02:37:52 PM
 #34



I think you have to prove that investing in bitcoin can make your economy better.

This is what TOP should do instead of keep complaining about his uncle. Maybe he doesn't know about bitcoin and he wants the best for OP too, that's why he told OP to stay away from bitcoin.

OP, arguing with your uncle is not a wise move, instead, you should find a way to prove your choice is correct. Try to build your bitcoin investment to make a profit, and prove your life is better than investing in bitcoin, then your uncle will no longer doubt and despise you.

I just want to share that some people even proving some point for them to understand, they would stick to their fixed mindset where they are the right one, especially if you are younger they would just think you don't possess the experience for that kind of involvement in this industry. That fact that he provided already some background already about Bitcoin is enough for the uncle to understand. You don't have to prove someone that doesn't even listen to your point. That's why it's a good thing that his brother supports him about Bitcoin. And I wish luck to both of them to succeed in this industry.

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CryptoHeadlineNews
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May 25, 2023, 02:47:09 PM
 #35

There is always a man in the family who believe they are the smartest, I have an uncle who is currently the most successful one in the family, maybe that's why he is behaving this way, he knew my involvement with crypto and Bitcoin, and after the crash into bear market he called me and said ..

Are you still into Bitcoin? You need to find something else to do, Bitcoin will fail soon because there is nothing that can take away the money printing machines, the government will keep printing money because they like been the printer, they can't print Bitcoin that's why it will fail, stop living a dream and do something good with your life before it's too late.
It's not every investment one venture into that you ought to let known to the public, most especially family members or benefactors just like your uncle, because the idea most people will have is that you are literally making money from such investment, even when you are not and start getting jealous of you. Secondly, since Bitcoin is not controlled by central banks or government, most people tend to see it as scam, and a project that will likely fail away in time. So I will like to suggest if only you can learn how to remain anonymous in your investment just like your brother, you stand to get less family issues.

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AicecreaME
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May 25, 2023, 02:58:08 PM
 #36

There's nothing new about toxic people, they are everywhere, especially most of the time, they are your relatives or even your family.

Also, there's nothing wrong with them knowing what you're into, I mean they can't do anything about it since you have your own keys, so basically they can't steal it unless they are up to something terrible just to get your Bitcoin, which I doubt since you've said your uncle is rich. All he is doing is discouraging you, maybe he just want you not to attain anything, so he can enjoy all alone being in the spotlight in the family.

What you need to do is to simply ignore your uncle, by not responding to his comments about what you are into, give him a smile instead while sipping your coffee or drinks.
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May 25, 2023, 03:34:44 PM
 #37

Well!  It is a cultural, moral and dysfunctional issue that exists in families. I think that your case is beyond a discussion in the essence of this board, Bitcoin discussion, although it borders on that point of whether or not it is an off-topic.

If he does it with bitcoin, he will surely do it with any other investment, it's not about Bitcoin, it's about the protagonist of your story, I say this because of the novel you've written.

So. If it ever happens, (it will surely), we will have bitcoin in this situation as a plot scheme in any novel or serial in streaming, very much in the style of your story.

Advice, keep doing your thing and advertise Bitcoin with whoever deserves it in your family, it is not an obligation to attract users for Bitcoin and it is not safe either.

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May 25, 2023, 04:20:02 PM
 #38

There will always be family members that won't support and favor what we are doing because they think that since they are older than us, they already know what is best for us, and that is part of the toxic family culture. I've previously been humiliated in front of my family because of personal decisions I've made regarding my career, investments, and even my personal relationships. I initially believed that I would simply have to put up with them and listen to them, but doing so devalued me and even hindered my path to success.
As for me, what Op did was just right. Sometimes we have to speak up our minds to defend ourselves and to correct their misinterpretation of our life choices. It's fine if they are just giving advices but we shouldn't allow them to rule our lives if we know that we aren't doing anything wrong. His uncle is right about Bitcoin but Op doesn't have to prove him anything because that's his personal choice of investment.
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May 25, 2023, 04:24:39 PM
 #39

I can relate to your situation. It’s hard to deal with family members who don’t understand or respect your choices. You have the right to pursue your own interests and passions, and Bitcoin is a valid and valuable one. Don’t let anyone discourage you from following your dreams.

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May 25, 2023, 04:28:25 PM
 #40

Haterz gonna hate.

Call him in a year or two when the price, imo, will be like 10x .

Straight to the point, success is everybody's friend. If you succeed in what you believe in, the same people who mocked you will be the same people to celebrate you, it's a fact of life. Bitcoin is the way forward to financial gains, in this age of advanced computerized technology.

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